SOLUTION: The mean value of land and buildings per acre from a sample of farms is
$2400, with a standard deviation of $450. Between what two values do about
95% of the data lie?
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-> SOLUTION: The mean value of land and buildings per acre from a sample of farms is
$2400, with a standard deviation of $450. Between what two values do about
95% of the data lie?
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Question 1123848: The mean value of land and buildings per acre from a sample of farms is
$2400, with a standard deviation of $450. Between what two values do about
95% of the data lie? Answer by reviewermath(1029) (Show Source):
You can put this solution on YOUR website! Q: The mean value of land and buildings per acre from a sample of farms is
$2400, with a standard deviation of $450. Between what two values do about
95% of the data lie?
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Solution:
According to the Empirical Rule and assuming normality (or at least approximately normal), about 95% of observations lie within 2 standard deviations of the mean. Therefore, about 95% of the values lie between $ and $
